GM

General Motors finally sold the last of its $49.5 billion worth of General Motors stock for an $11.2 billion loss. So, is it now safe to drive a GM product?

One way to look at that is that you could find a product with hydraulic power steering instead of electric. So if you bump the key switch with your knee you will still be able to steer the car. This would make sense if you buy into the notion that every new defensive strategy comes as a reaction to the most recent terrorist attack (screw up) to address how the last dirty deed was carried out. TSA! It is the old close the barn door after the cows get out routine.

$11.2 billion seems like a lot of money until you look at other “investments” our lord and master has made. One grain of sand among all the others on all the beaches of the world. 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s